Reported about 1 month ago
Japan's Financial Services Agency (FSA) plans to assess how the nation's banks handle risks linked to securities investments and foreign-currency liquidity as they adapt to rising interest rates. In its annual policy guidance, the FSA expressed concerns regarding the unpredictable global economy and emphasized the need for greater scrutiny on banks' management of credit defaults and investments, particularly in real estate. The regulator's initiatives come in light of recent market volatility and losses experienced by Japanese banks amidst changing financial conditions.
Source: YAHOO